Current Affairs
Coins to commemorate 50th anniversary of Central Bank

The Central Bank of Malta is to issue gold and silver numismatic coins to commemorate its 50th anniversary on 17 April.

The gold coins have a nominal value of 100 euro, and the silver coins have a nominal value of 10 euro. These coins can only be used as legal tender in Malta.

The €10 coin, which is limited to 2,500 pieces, is struck in silver (0.925 fine). It has a weight of 28.28g and a diameter of 38.61mm. The €100 coin is struck in gold (0.999 fine), weighs 15g and has a  diameter of 26mm. The minting is limited to just 50 pieces.

The coins are struck to proof quality. They were designed and engraved by Noel Galea Bason and were struck at the Royal Dutch Mint. The reverse of the coins carries a representation of the façade of the Bank’s newly-built premises, ‘Binja Laparelli’ located within St James’s Counterguard in Valletta.

The coins also bear a 50th Anniversary logo designed by Michael Grech and Daniel Galea of MCAST Arts and Design Institute. Selective gold-plating has been used on the silver coins. It is the first time that such a technique has been used on Maltese numismatic coins.

The obverse of the coins features the coat-of-arms of Malta together with the coins’ denomination.

 

 

 

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